Forth Smart Service Public Company Limited Net Asset Quality Index
Forth Smart Service Public Company Limited net asset quality index. Forth Smart Service Public Company Limited (FSMART) has a Net Asset Quality Index of 47.3% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ฿3.69 Billion minus total liabilities of ฿1.94 Billion yields net assets of ฿1.74 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Forth Smart Service Public Company Limit earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Forth Smart Service Public Company Limited (2012–2025)
Net asset quality index of Forth Smart Service Public Company Limited from 2012 to 2025. This chart shows how Forth Smart Service Public Company Limited's Net Asset Quality Index has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the index stands at 47.3%, representing net assets of ฿1.74 Billion against total assets of ฿3.69 Billion THB. See net assets of Forth Smart Service Public Company Limit for net asset value and shareholders' equity analysis.
Forth Smart Service Public Company Limited Net Asset Quality Index by Year (2012–2025)
Forth Smart Service Public Company Limited net asset quality index by year from 2012 to 2025. The table below presents the year-by-year Net Asset Quality Index for Forth Smart Service Public Company Limited from 2012 to 2025, covering 14 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see Forth Smart Service Public Company Limit market cap and net worth.
| Year | Quality Index | Net Assets (THB) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 47.3% | ฿1.74 Billion | ฿3.69 Billion | ฿1.94 Billion | ▲ +8.0 pp |
| 2024 | 39.2% | ฿1.29 Billion | ฿3.29 Billion | ฿2.00 Billion | ▼ -3.6 pp |
| 2023 | 42.8% | ฿1.17 Billion | ฿2.74 Billion | ฿1.57 Billion | ▲ +3.0 pp |
| 2022 | 39.8% | ฿1.13 Billion | ฿2.83 Billion | ฿1.71 Billion | ▲ +1.4 pp |
| 2021 | 38.4% | ฿1.13 Billion | ฿2.94 Billion | ฿1.81 Billion | ▲ +5.1 pp |
| 2020 | 33.3% | ฿1.15 Billion | ฿3.45 Billion | ฿2.31 Billion | ▼ -4.7 pp |
| 2019 | 37.9% | ฿1.34 Billion | ฿3.52 Billion | ฿2.18 Billion | ▲ +6.0 pp |
| 2018 | 32.0% | ฿1.25 Billion | ฿3.92 Billion | ฿2.66 Billion | ▲ +0.6 pp |
| 2017 | 31.3% | ฿1.33 Billion | ฿4.26 Billion | ฿2.93 Billion | ▼ -5.8 pp |
| 2016 | 37.1% | ฿1.18 Billion | ฿3.18 Billion | ฿2.00 Billion | ▼ -8.3 pp |
| 2015 | 45.5% | ฿1.02 Billion | ฿2.24 Billion | ฿1.22 Billion | ▼ -11.1 pp |
| 2014 | 56.6% | ฿1.01 Billion | ฿1.78 Billion | ฿774.90 Million | ▲ +24.0 pp |
| 2013 | 32.6% | ฿369.20 Million | ฿1.13 Billion | ฿764.89 Million | ▲ +5.4 pp |
| 2012 | 27.2% | ฿248.55 Million | ฿914.88 Million | ฿666.33 Million | — |